Short Interest in Monadelphous Group Limited (OTCMKTS:MOPHY) Expands By 100.0%

Monadelphous Group Limited (OTCMKTS:MOPHY) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 2 shares, a growth of 100.0% from the July 15th total of 1 shares. Based on an average daily volume of 1 shares, the days-to-cover ratio is currently 2.0 days.

Monadelphous Group Stock Performance

OTCMKTS:MOPHY remained flat at C$19.50 during trading hours on Friday. 84 shares of the company’s stock were exchanged, compared to its average volume of 100. Monadelphous Group has a fifty-two week low of C$17.16 and a fifty-two week high of C$19.50. The company’s 50 day simple moving average is C$19.50 and its 200 day simple moving average is C$16.34.

Monadelphous Group Company Profile

Monadelphous Group is an Australian-based engineering and construction firm specializing in maintenance, fabrication and industrial services for the resources, energy and infrastructure sectors. Founded in 1972 in Perth, the company has built a reputation for delivering heavy-engineering solutions, including structural steelwork, piping fabrication and on-site commissioning. Its core capabilities encompass mechanical maintenance, shutdown services and project delivery for upstream oil and gas facilities, mining operations and power generation plants.

The company’s service offering extends from front-end engineering design through to detailed fabrication, installation and long-term asset support.